1. Use the following information for Allied Food:

20152014

Common Stock and other paid in capital614644

Cash and Marketable Securities16511716

Other Assets46706888

Sales35753

Debt Due for Repayment2742889

Accounts Receivables37253261

Cost of Goods Sold15762

Accounts Payables52715357

Inventories19261693

Selling, General, and Admin Expenses11357

Long Term Debt25502313

Deferred Income Taxes5281434

Other Current Assets18283784

Depreciation1406

Gross Plant, Property, and Equipment1905816646

Other Long term Liabilities46244323

Accumulated Retained Earnings2259118803

Accumulated Depreciation93717965

Interest Expense239

Taxes1347

Goodwill45944088

Other intangible Assets18491616

Addition to Retained Earnings3788

Other Current Liabilities13151160

Treasury Stock Buyback(7837)(5196)

Hint: Treasury stock buyback represents the amount Allied spent on buying back its shares.The money used to repurchase them goes out of the firm and reduces shareholders equity.

(a)Compile an income statement and balance sheet for 2015.

(b)Show the impact of the following line items on the statement of cash flows for 2015.You should show the specific sub-statement, the amount, and the effect on the cash position.

i) Accounts Payables

ii) Other Long Term Liabilities

iii) Common Stock

iv) Dividends

v)Depreciation

vi) Gross plant property and equipment